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Month: January 2021

Posted on 15/01/2021

Coronavirus: Hong Kong retail sector warns any cuts to shopping mall opening hours will kill businesses, jobs

Health chief told lawmakers the authorities were considering restricting malls’ operating hours to reduce crowds in bid to contain coronavirus The Institute of Shopping Centre Management, an industry ... ( read original story ...)

Posted on 15/01/2021

ByteDance Rival Kuaishou Files For Hong Kong IPO While Hong Kong Growth Stocks Rally

Asian equities had a strong day with Hong Kong gaining while Mainland China succumbed to a bout of profit-taking. Alibaba, Tencent, and Baidu will not be added to the banned security list, though nine ... ( read original story ...)

Posted on 14/01/2021

Hong Kong’s First Website Takedown Under National Security Law Confirmed

A Hong Kong internet provider said Thursday it had blocked access to a website following a police order, the first confirmed takedown using a new national security law imposed by Beijing last year. ( read original story ...)

Posted on 14/01/2021

Hong Kong police arrest 11 on suspicion of aiding activists’ escape attempt

Hong Kong police have arrested 11 people over suspected crimes related to assisting a group of 12 pro-democracy activists accused of trying to flee the city by boat for Taiwan last year, police and ... ( read original story ...)

Posted on 14/01/2021

ByteDance’s Chief Rival Wins HKEX Nod for $5 Billion IPO

Kuaishou Technology, the main rival to ByteDance Ltd., has received approval from the Hong Kong stock exchange for an initial public offering of about $5 billion, according to people familiar with the ... ( read original story ...)

Posted on 14/01/2021

Hang Seng Index flirts with pre-pandemic level on Alibaba, Tencent while China stocks extend slump from 2008 high

Alibaba, Tencent and other sanctioned Chinese stocks power gains in Hong Kong as the Hang Seng Index flirts with pre-pandemic high. Stocks in mainland China extend a slump from the highest level in 12 ... ( read original story ...)

Posted on 14/01/2021

Hong Kong internet provider blocks pro-democracy website

A Hong Kong internet service provider has for the first time blocked a pro-democracy website under a new security law, raising concerns the financial hub is implementing mainland China-style limits on ... ( read original story ...)

Posted on 14/01/2021

Hong Kong’s fitness industry on verge of financial ruin as gyms fall – ‘We are in a race against the clock’

Gyms are only weeks, even days, away from collapsing as coronavirus pandemic restrictions crush their business and government lags on second handout. ( read original story ...)

Posted on 14/01/2021

Hong Kong Internet Firm Blocked Website Over Security Law

A Hong Kong internet service provider on Thursday said it had blocked access to a pro-democracy website to comply with the city’s national security law. ( read original story ...)

Posted on 14/01/2021

Hong Kong National Security Police Make Arrests Linked to Speedboat Escape

Arrests in Hong Kong cast a wider net in a case that has already rattled activists in the city and drawn international condemnation. ( read original story ...)

Posted on 14/01/2021

Hong Kong emigration to Britain could mean $36bln capital outflow

Hong Kong residents leaving the city to move to Britain could trigger capital outflows of HK$280 billion ($36 billion) this year from the Asian financial centre, a new report published by Bank of ... ( read original story ...)

Posted on 14/01/2021

Experts to explore global economic landscape at 14th Asian Financial Forum

The 14th Asian Financial Forum (AFF) will be held online event on January 18 and 19, under the theme “Reshaping the World Economic Landscape”, and will cover more than 50 sessions from 8.30am to 10pm ... ( read original story ...)

Posted on 14/01/2021

Hong Kong emigration to Britain could mean $36 billion capital outflow

Hong Kong residents leaving the city to move to Britain could trigger capital outflows of HK$280 billion ($36 billion) this year from the Asian financial centre, a new report published by Bank of ... ( read original story ...)

Posted on 14/01/2021

Hong Kong’s Biggest ETF Resumes Buying Stocks Banned by U.S.

The largest exchange-traded fund tracking the Hang Seng Index will resume buying shares of Chinese companies included in a U.S. investment ban, marking a U-turn by State Street Corp. after it was ... ( read original story ...)

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